Multinational - Africa Disaster Risk Financing (ADRiFi) Programme in The Gambia


Project Summary

Approval Date 27 Feb 2019
Signature Date 29 Apr 2019
Planned Completion Date 31 Dec 2023
Last Disbursement Planned Date 31 Dec 2023
Sovereign / Non-Sovereign Sovereign
Sector Finance
DAC Sector Code 24030
Commitment U.A 900,000
Status Implementation

Project General Description

The proposed country-specific appraisal is under the framework of the multinational Africa Disaster Risk Finance (ADRiFi) Programme, which aims at building the resilience of Regional Member Countries (RMCs) to climate disasters. ADRiFi Programme seeks to strengthen the resilience of rural households to climate-related shocks by enhancing the capacity of the government to respond effectively to drought. This will be done through an integrated approach to managing disasters that will cushion the government from the financial impacts of episodes of drought, and guarantee the programme will foster sovereign risk transfer solutions as tools for enhancing disaster risk management in the country, as well as guaranteeing prompt assistance to the affected people in the rural communities. The programme spans over a period of 5 years (2019–2023), with a total budget of UA 2.68 million. The primary outcomes will be enhanced government preparedness to respond to drought shocks when they occur and more resilient rural communities from drought. It is expected that through ADRiFi about 275,000 individuals (profiled by gender and age) will be protected against severe droughts and that the capacity of relevant government officials will be built as regard to managing disaster risks.

Project Objectives

The overall goal of ADRiFi in The Gambia is to enhance the resilience and response to climate shocks in the country by improving the management of climate disaster risks. The Programme’s specific objectives are: (i) To strengthen the capacity of The Gambia to evaluate climate-related risks and costs, and elaborate subsequent adaptation measures at both national and sub-national levels; (ii) To promote initial financing for disaster risk transfer solutions.

Beneficiaries

The direct beneficiary of ADRiFi is the Republic of The Gambia, which will benefit from the support for the payment of its premium to African Risk Capacity (ARC Ltd), as well as relevant Ministries, Departments and Agencies that will benefit from capacity building to manage disaster risks activities. The indirect beneficiaries are the local and rural communities that may benefit from assistance in the event of droughts. The Programme will target individuals affected by drought and will benefit over 275,000 individuals with special focus on women and children (65%). This will constitute around 30% of individuals below the poverty line in the country.

Participating Organization

Funding
Fragile States Facility

Information

IATI identifier 46002-P-Z1-HZ0-034
Last Update 31 Oct 2019

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Contact Details

Name NARTEY Cecil
Email c.nartey@afdb.org

Geographic Location

Country Multinational